Modesta Real Estate leases Bratislava tower for 6 years

30
May
2019
News - Modesta Real Estate leases Bratislava tower for 6 years #Bratislava #lease #Modesta Real Estate #office #Slovakia

by Property Forum | Office

Modesta Real Estate continues to be the exclusive broker for lettings in Westend Tower, Bratislava. The company successfully arranged office space for a large number of companies over the past few months. In addition to many new contracts, the leases of some major companies have recently been extended. These include international companies such as Kovintrade and the pharmaceutical and biotechnology company Adamed.


The 16-storey Westend Tower is located in the west of Bratislava's city centre. With a total area of approximately 9,400 sqm it offers space for companies from a wide variety of business sectors. Current tenants include Pavlovic Sports, Energie2, CDIT Solutions, Regos, ACC Management and Auto1 Polska.

Westend Tower also provides the so-called Flexi Floors which, among other features, provide office units from approximately sqm. They are offered under flexible rental conditions so that tenants are not tied to long-term contracts.

Westend Tower is well linked to Bratislava's public transport system and to the city's most important transport connections. The nearby D1 and D2 motorways connect Bratislava with Vienna, Brno and Prague, which is why the location is particularly attractive to major international companies.

Westend Tower changed hands in 2017. The Czech investment bank Wood & Co acquired the Tower from international commercial real estate company CTP. Prior to that, the office building was owned by AXA Real Estate.

"Modesta Real Estate was already selected by AXA Real Estate as the exclusive agent for the Tower and we are pleased that the previous owners recommended us to their successors. The large number of new lettings in recent months, as well as the successful contract renewals, show, that the Tower is very attractive as an office location," says Ing. Peter Miščík, Partner and Authorised Representative at Modesta Real Estate in Slovakia.




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  • Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.
  • Ford Polska has extended its lease agreement, until 2031, for nearly 1,200 sqm of office space in Warsaw's Diuna, part of the Syrena Real Estate portfolio. It is one of the first tenants of the Służewiec complex, having operated continuously at this location since February 2008.

New appointments

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  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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